POS 0.00% 0.5¢ poseidon nickel limited

Ann: Poseidon to raise up to $9M to progress Black Swan restart, page-9

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  1. 10,129 Posts.
    lightbulb Created with Sketch. 4379
    on my maths each 1000 shares gives a LTH 28 shares extra under the SPP if they take it at 3.5c each raising another $3M, thats 86M shares to issue under the SPP

    so if you have 25M like diesel you get offered 700,000 shares for a pathetic $24,500
    or if you have 1M thats 28k at $980 worth of shares, LOL.
    or if you have 1k thats a pathetic 28 shares worth at 98c.

    Looks like the 171M shares got issued easy or 5.5% of SOI to INSTOs.
    total SOI post CR is 3.321M

    Last CR we know that our backstabbing top 3 didnt take even $1 of any of them at 11c so why take any at 3.5c now? They aint taking any. Us plebs who couldnt care less can get 98c per 1k. Those who want 10M cant get any other than on marlet.

    anyone got 98c to buy POS shares per 1k, LOL.
    WHY BOTHER !
 
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